Spain Construction Equipment Rental Market Size & Share, Trends, Growth Insights (2026–2031)

SPAIN CONSTRUCTION EQUIPMENT RENTAL MARKET SIZE ANALYSIS

The Spain construction equipment rental market accounted for USD 1.34 billion in 2025 and is expected to reach USD 1.99 billion by 2031, growing at a CAGR of 6.78% during the forecast period. Spain’s construction equipment rental market is expected to register steady growth during 2026–2031, driven by increasing contractor preference for flexible, cost-effective equipment access amid rising machinery prices and economic uncertainties.

Continued investments in transport infrastructure, renewable energy, industrial facilities, residential construction, and urban redevelopment, supported by Spain’s Recovery, Transformation and Resilience Plan (PRTR) and EU-backed funding, are expected to sustain rental demand.

Renting enables contractors to minimise upfront capital expenditure, maintenance costs, and equipment idling while improving fleet utilization. The market remains fragmented, with international players such as Loxam Group, GAM Rentals, Boels Rental, Kiloutou Group, and mateco competing alongside domestic and regional providers.

Earthmoving equipment, particularly excavators, dominates rental demand, supported by infrastructure, quarrying, and renewable energy projects. Demand for aerial work platforms, telescopic handlers, and forklifts is also increasing.

Fleet expansion, telematics adoption, and low-emission equipment investments are expected to strengthen market growth throughout the forecast period despite labour shortages, inflationary pressures, and construction activity fluctuations.

RECENT DEVELOPMENTS IN SPAIN CONSTRUCTION EQUIPMENT RENTAL MARKET

1. In July 2026: TARGA TELEMATICS launched Maintenance Excellence, a new solution that applies agentic artificial intelligence to fleet maintenance management with the aim of optimising processes and improving operational efficiency.
2. In July 2026: The European Rental Association (ERA) stepped up its efforts to combat the theft of machinery and equipment, one of the main challenges facing the rental sector in Europe. The initiative is based on the Theft and Vandalism Prevention Guide, a guide developed by ERA that brings together practical recommendations for reducing the risk of theft and vandalism.
3. In June 2026: AUSA unveiled the new DR902AHG reversible dumper, a 9-ton model designed to meet the needs of the most demanding construction and infrastructure projects. The new dumper has been developed for rental companies and contractors who require robust and efficient equipment for earthmoving work.
4. In June 2026: TOOLQUICK, a company specializing in the rental of small and medium-sized machinery and tools, has strengthened its presence in Andalusia with the opening of a new store in Mairena del Aljarafe (Seville). This new facility is part of TOOLQUICK's and the KILOUTOU GROUP's growth strategy in Spain.
5. In May 2026: LOXAM Spain announced the acquisition of Marzabú Hnos. SL, a company specializing in the rental of aerial work platforms and construction machinery based in Ciudad Real. The acquisition of Marzabú will allow LOXAM to expand its machinery fleet and strengthen its service capacity in a strategic area located between Madrid, the Levante region, and Andalusia.

SPAIN CONSTRUCTION EQUIPMENT RENTAL MARKET TRENDS

Digitalization of Equipment Rental Platforms

Digitalization is emerging as a key trend in Spain’s construction equipment rental market, as contractors increasingly prefer online platforms for equipment search, booking, payments, and fleet management. Rental companies are adopting digital solutions to improve customer convenience, transparency, and operational efficiency.

In July 2026, BUEYDU launched an online marketplace connecting equipment owners with contractors, offering over 1,000 active equipment listings. Equipzilla connects more than 500 verified suppliers across over 300 equipment categories, while Carmolo facilitates digital equipment listings and rentals. Additionally, HOMS Rentals strengthened its Equipment-as-a-Service strategy in June 2026 through CRM integration, fleet geolocation, and data analytics, supporting improved fleet utilization and customer experience.

Incorporation of AI-Powered Telematics and Predictive Fleet Management

AI-powered telematics and predictive maintenance are emerging as key trends in Spain’s construction equipment rental market, helping companies improve fleet utilization, reduce maintenance costs, and minimize equipment downtime.

In July 2026, Targa Telematics introduced its AI-powered Maintenance Excellence platform in Spain, integrating telematics, OEM systems, and external data to detect maintenance issues and automate servicing. The solution can reduce maintenance costs by up to 30% and equipment downtime by approximately 13%.

Similarly, LOXAM is leveraging IoT, equipment data, and AI for predictive maintenance and fleet management. HOMS Rentals also integrated data analytics and real-time fleet tracking in June 2026.

SPAIN CONSTRUCTION EQUIPMENT RENTAL MARKET DRIVERS

Growing Logistics, Industrial and Manufacturing Investments

Growing investments in Spain’s logistics, industrial, and manufacturing sectors are expected to drive construction equipment rental demand during 2026–2031. Logistics parks, distribution centres, and manufacturing facilities require earthmoving, material handling, lifting, and road construction equipment, encouraging contractors to rent machinery and reduce upfront costs.

Key developments include DHL Express’s €7.7 million logistics centre in Girona, announced in June 2026, and Prologis’s Zona Franca DC1 project in Barcelona.

Additionally, GLS Spain’s multi-storey logistics hub in Barcelona and JYSK’s distribution centre in Almenara are expected to support demand for forklifts, telescopic handlers, cranes, and aerial work platforms throughout the forecast period.

Rising Energy and Construction Material Prices Encourage Greater Reliance on Equipment Rentals

Rising energy and construction material prices following the 2026 Iran-related conflict are expected to boost Spain’s construction equipment rental market as contractors seek to control costs and preserve financial flexibility.

In July 2026, Spain’s National Association of Independent Builders (ANCI) reported cost overruns of up to 15% for road construction and 25%–30% for pavement rehabilitation.

Between January and May 2026, bituminous material and energy prices reportedly increased by 47%, while aluminum and corrugated steel prices rose by 14% and 21%, respectively. Consequently, contractors are expected to increasingly rent equipment to minimize capital expenditure and manage project budgets.

SPAIN CONSTRUCTION EQUIPMENT RENTAL MARKET INDUSTRY RESTRAINTS

Growing Number of Unawarded Public Projects Restraining Equipment Rental Demand

Rising construction costs and unawarded public infrastructure projects are expected to restrain Spain’s construction equipment rental market during 2026–2031. According to the National Confederation of Construction (CNC), 1,130 public tenders remained unawarded in H1 2026, leaving projects worth approximately €707 million delayed. Increasing material costs and the absence of effective contract price revision mechanisms have discouraged contractor participation, with 1,877 procurement procedures experiencing limited competition.

Delayed infrastructure, housing, and industrial developments are expected to reduce equipment deployment and rental fleet utilization. Unless pricing reforms are implemented, prolonged tender delays are expected to constrain construction activity and rental market growth.

Persistent Skilled Labour Shortage in Construction Industry

The shortage of skilled labour is expected to restrain Spain’s construction equipment rental market during 2026–2031 by delaying project execution and reducing equipment utilization.

The sector faces an estimated 700,000 unfilled positions, driven by an ageing workforce and limited interest among young workers. According to a February 2026 study by AEI Xperience and Obramat, 49.8% of construction professionals identified labour shortages as the primary barrier to business growth, while 74% reported difficulties attracting young workers.

Persistent recruitment challenges are expected to slow infrastructure, residential, and renovation projects, increase machinery idle time, and limit rental equipment demand.

SPAIN CONSTRUCTION EQUIPMENT RENTAL MARKET SEGMENTATION INSIGHTS

INSIGHTS BY EARTHMOVING EQUIPMENT

The Spain construction equipment rental market by earthmoving equipment is segmented into excavators, backhoe loaders, wheeled loaders, and other earthmoving equipment. In 2025, excavators accounted for over 46% of the market share. The growth is supported by their wide use across construction and infrastructure projects. Rental companies can focus on offering different excavator sizes to meet contractors’ requirements across project stages.

Excavators often achieve high utilization rates in Spain because contractors need different machine capacities for excavation, site preparation, and other construction activities. Renting allows contractors to access the required equipment without the high upfront investment, maintenance costs, and ownership responsibilities. This creates opportunities for rental providers to expand their excavator fleets and offer flexible rental terms.

For instance, in June 2024, TRAGSA, Spain’s state-owned agricultural and infrastructure services company, requested offers under a framework agreement to rent crawler excavators of at least 150 horsepower, with operators, for construction works in the León region. This highlights demand for specialized excavator rental services and operator-supported equipment solutions.

INSIGHTS BY ROAD CONSTRUCTION EQUIPMENT

Based on road construction equipment, the road rollers dominated and held the largest Spain construction equipment rental market share in 2025. Rental demand is expected to remain steady during the forecast period, supported by continued investments in highway construction, road rehabilitation, and urban transport infrastructure across Spain. Rental companies can target road contractors by providing road rollers that meet different compaction requirements and project timelines.

Since compaction equipment is mainly required during specific stages of road construction, contractors often prefer renting road rollers rather than investing in equipment that may remain underutilized between projects. This creates opportunities for rental providers to offer flexible rental periods and advanced compaction equipment. For instance, during construction of Madrid’s new Formula 1 circuit (Madring), the ACCIONA–Eiffage consortium deployed up to six BOMAG tandem rollers in 2026 to meet the high asphalt compaction and pavement quality standards required for Formula 1 racing. This project highlights the demand for specialized road rollers in large-scale infrastructure development.

INSIGHTS BY MATERIAL HANDLING EQUIPMENT

Based on the material handling equipment, the aerial work platform (AWP) shows the highest growth, with a CAGR of 7.02% during the forecast period. Rental demand is expected to increase across Spain as construction, industrial maintenance, renewable energy, telecommunications, and logistics infrastructure projects expand. Rental companies can target these sectors by offering a range of aerial access equipment to meet different height and site requirements.

Boom lifts and scissor lifts are becoming essential for safe and efficient work at height. Renting allows contractors to avoid high upfront investment, maintenance expenses, and equipment downtime while accessing machines when required. In addition, stricter workplace safety requirements and the need to improve productivity are encouraging businesses to shift from traditional scaffolding to modern aerial access equipment. Rental providers can use these opportunities to expand their AWP fleets and serve a wider range of industrial and construction customers.

INSIGHTS BY OTHER CONSTRUCTION EQUIPMENT

The concrete mixers segment dominates the other construction equipment in the Spain construction equipment rental market. Rental demand is expected to grow steadily during the forecast period, supported by ongoing construction, industrial, and infrastructure projects. Concrete mixers are widely used for on-site concrete production in foundation works, structural construction, road paving, and utility installations. Rental providers can target contractors working on these projects by offering flexible access to concrete mixers based on project size and duration.

Large-scale infrastructure developments are expected to create further opportunities for equipment rental companies. In March 2026, the European Investment Bank (EIB) placed the North Terminal Valencia Port project under appraisal. The project involves a fully electrified automated container terminal, including a 2 km quay wall, approximately 700 m of ancillary quays, 137 hectares of reclaimed land, and extensive port infrastructure. These marine construction works require substantial concrete for quay structures, pavements, and logistics facilities, creating potential demand for concrete mixers and related construction equipment rental services.

INSIGHTS BY END USERS

In 2025, the construction industry accounted for the largest share of the Spain construction equipment rental market and is expected to remain the leading end-user during the forecast period. Demand is supported by continued government investment in residential construction, transport, energy, and urban infrastructure projects. Rental companies can target contractors across these sectors by providing equipment suited to different project requirements and timelines.

To address housing shortages and stimulate construction activity, the Spanish government approved the €7 billion ($8 billion) State Housing Plan 2026–2030 in April 2026, aimed at expanding the supply of affordable housing across the country. As residential and commercial construction activity increases, contractors can use rental equipment to scale their fleets, access modern machinery, and meet project deadlines without the high capital investment and maintenance costs of ownership. This creates opportunities for rental providers to expand their equipment offerings and build relationships with contractors involved in upcoming housing and infrastructure projects.

SPAIN CONSTRUCTION EQUIPMENT RENTAL MARKET GEOGRAPHIC ANALYSIS

CATALONIA

Catalonia is expected to remain a major regional market for Spain’s construction equipment rental market during the forecast period, supported by investments in logistics, manufacturing, industrial, and commercial infrastructure.

Key developments in 2026 include GLS Spain’s Barcelona South logistics hub, Prologis’ Zona Franca DC1, and DHL Express’ €7.7 million logistics centre in Girona, generating demand for earthmoving and material-handling equipment.

Additionally, TCI’s €20 million manufacturing facility in Barcelona reflects continued industrial expansion. Catalonia’s diversified economy, strong transport connectivity, and access to the Port of Barcelona are expected to sustain rental equipment demand throughout the forecast period.

ANDALUSIA

Andalusia is expected to emerge as one of Spain’s fastest-growing regional markets for construction equipment rentals, driven by investments in logistics, industrial infrastructure, renewable energy, and digital infrastructure.

Key developments include the €1.257 billion Málaga TechPark data centre, designated as a strategic investment in May 2026, and the €40 million Majarabique Logistics Area near Seville. Additionally, Moeve approved the first phase of the Andalusian Green Hydrogen Valley in Huelva in 2026, involving an investment exceeding €1 billion ($1.12 billion).

These projects are expected to generate rental demand for earthmoving, road construction, material handling, and lifting equipment throughout the forecast period.

COMMUNITY OF MADRID

The Community of Madrid is expected to remain one of Spain’s key regional markets for construction equipment rentals, supported by investments in residential construction, urban redevelopment, transport infrastructure, and digital facilities.

In March 2026, Apto announced plans to invest nearly €2 billion in a data centre campus comprising five facilities across a 195,000 m² site. Additionally, construction of Madrid Nuevo Norte, a major mixed-use urban development, began in 2026, with approximately 10,500 homes alongside office, commercial, and transport infrastructure.

These developments are expected to sustain rental demand for earthmoving, lifting, and material-handling equipment throughout the forecast period.

VALENCIAN COMMUNITY

The Valencian Community is an important market for Spain’s construction equipment rentals, supported by investments in logistics, port modernization, advanced manufacturing, and sustainable infrastructure. In June 2026, Prologis and PragmaCharge announced plans to develop Spain’s largest electric truck charging hub in Valencia, strengthening the region’s logistics infrastructure.

Ongoing modernization and capacity expansion at the Port of Valencia, alongside warehouse and distribution centre developments, are expected to increase demand for material-handling equipment.

Additionally, the PowerCo battery gigafactory in Sagunto is expected to generate demand for rented earthmoving, lifting, and concrete equipment during construction.

SPAIN CONSTRUCTION EQUIPMENT RENTAL MARKET COMPETITIVE LANDSCAPE

The Spain construction equipment rental market remained moderately fragmented in 2025, with the five largest rental companies collectively accounting for a portion of the market, while regional and independent operators retained a significant presence.

This reflects the country's strong network of local rental providers, although major international players continue to expand through fleet investments and acquisitions.

Loxam Group led the market, supported by its extensive fleet, nationwide branch network, and diversified customer base.

GAM Rentals followed, driven by investments in fleet modernization, digital fleet management, and refurbishment capabilities. Boels Rental maintained a strong position, benefiting from continued fleet expansion and a broad equipment portfolio.

mateco maintained a strong position in powered access equipment, while Kiloutou Group continued to invest in its fleet and expand regionally.

Meanwhile, the "Others" segment comprises numerous regional and independent rental companies that maintain strong customer relationships within their local markets.